"Because the Outputs of Many Industries Are the Inputs to Other

question 146

Multiple Choice

"Because the outputs of many industries are the inputs to other industries, the failure of any single industry to fulfil the output quantities specified in the central plan caused a chain reaction of adverse repercussions on production." This quotation best identifies the

• A)incentive problem under central planning.
• B)self-sufficiency dilemma under communism.
• C)resource overcommitment problem under communism.
• D)coordination problem under central planning.

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Definitions:

Probable Stage

A phase or condition where something is likely to occur or is expected based on current evidence or trends.

Education and Income

The correlation between the level of education attained by individuals and their potential to earn higher incomes.

Maintenance Stage

A phase in the change process where individuals consolidate the gains achieved and prevent relapse.

Retaining Job Status

The process or action of keeping one's current position or rank within the workplace.